7900 South Essex Ave Chicago, IL 60617
36-unit property with retail in Chicago's South Shore neighborhood.
Property size:
123 SFProperty Features for 7900 South Essex Ave
General Information
- Size
- 123 SF
Source:
33realty
Listing Agent: Brian Mond
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
South Shore Multifamily and Retail
Located in the South Shore neighborhood of Chicago, 7900 South Essex Avenue features 36 units, including seventeen 1-bedroom, 1-bath units of approximately 700 square feet each, and fifteen 2-bedroom, 1-bath units of approximately 800 square feet each. The property also includes four retail units. Situated in the heart of South Shore, the property is near shops, cafes, restaurants, and grocery stores, such as Subway, Family Dollar, Joji Gyros, Krazy Kake House, Jamican Tropical Cuisine, and Walgreens. The location provides convenient access to transportation, including the Cheltenham/79th Metra stop, offering Metra line access to downtown. The I-90/94 highway is also easily accessible. The property is located three blocks from Eckersall Park and within walking distance of the lakefront. Each unit has individual heat and hot water, as well as central air conditioning. The property is currently 100% occupied.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
G.CAPPAA
Musician
MAGIC STAR RECORDS
Music Management And Promotion
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.564117
- Latitude
- 41.750794
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 36-unit property with retail in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 7900 South Essex Ave Chicago, IL.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: - Excellent Transportation: Walking distance to Cheltenham/79th St. Metra stop provides a 30-minute commute to downtown, plus access to I-90/94.; - Strong Cash Flow Potential: Property is 100% occupied and offers the ability to raise rents.; - Attractive Unit Mix: Includes seventeen 1 Bed/1 Bath units, fifteen 2 Bed/1 Bath units, and multiple retail spaces.